An investor successfully earned a huge fortune of 20 million by trading cryptocurrencies! This astonishing achievement was not accidental; it is based on these 7 major secrets. These secrets have been proven effective through practical testing.
1. Coin Hoarding Method: Suitable for both bull and bear markets.
The simplest and most challenging method is undoubtedly the coin hoarding method. The simplicity lies in selecting your favorite mainstream coins and patiently waiting for them for half a year, or even a year or longer.
Do not operate frequently; even the lowest level of returns can reach astonishing multiples!
2. Bull Market Dip Buying Method: Applicable only during bull markets.
Friends can use a small amount of idle funds, with an optimal ratio not exceeding one-fifth of total assets. This investment strategy prefers cryptocurrencies with a market cap between 10 and 100, as these assets are less likely to be long-term locked in during a bull market.
Assuming you invest in an altcoin and wait for its price to rise by 50% or more, you can then switch to another cryptocurrency that is experiencing a price pullback, continuing this method.
Of course, if the first altcoin unfortunately gets stuck, you need to remain patient because the situation of being trapped in a bull market will eventually be resolved. However, for such indecisive choices, novice players must act cautiously.
3. Hourglass Trading Method: Especially suitable for bull market conditions.
Buying any new cryptocurrency during a bull market will see it flowing along with the tide, as funds seem to participate slowly in each popular coin like a giant hourglass.
The surge in coin prices follows significant patterns, with leading coins like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) making the initial moves, followed by second-tier mainstream coins like SOL, LTC, QTUM, etc.
4. Pyramid Bottom Buying Method: Used when a large-scale price drop is anticipated.
Bottom buying techniques include buying in batches continuously, with each order price accounting for 80%, 70%, 60%, 50%, and 20% of the current price respectively.
5. Moving Average Method: Requires certain knowledge of candlestick patterns.
Set the indicators to track the 5-day, 10-day, 20-day, 30-day, and 60-day moving averages, and choose a daily line as the trading level.
When the spot price is above the MA5 and MA10 moving averages, you should hold firmly; otherwise, you should sell promptly.
If MA5 cannot break through MA10, we should sell the related assets; if MA5 breaks above MA10, it means we have sufficient reason to build a position.
6. Violent Coin Hoarding Method: Limited to high-quality varieties you are familiar with and confident in.
Prepare a certain amount of liquid funds; for example, when observing that a cryptocurrency is currently priced around 8 dollars, you can place a buy order at 7 dollars, and once executed, immediately place a sell order at 8.8 dollars. Then, use part of the profits to accumulate more digital currencies. Update this strategy according to real-time market price fluctuations.
Ideally, three opportunities each month can allow you to collect a large amount of quality digital currencies.
During this process, be sure to refer to the formula: Entry Price = Current Price x 90%, Sell Price = Current Price x 110% as a standard.
7. Airdrop: This is relatively the most stable.
You don't need to have a large capital; as long as you have time and a stable and accurate information channel (this is the most important), you can still achieve considerable returns even at zero cost.